Quote:
Originally Posted by MalcolmTucker
I am talking about from the provincial budget perspective. Not building this does not create a pot of money to spend more on other things. It changes the province financial picture, but not enough to be a game changer. Ring road versus no ring road does not weigh on how big 'son of MSI' will be in my mind.
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Ah I understand. MT I like your knowledge of provincial finance/funding systems, it does provide some good insight into the background behind these kind of projects I didn't know.
If all what you said is true (and I do not doubt that it is), this project is just straight and simply waste of money then.
The breakdown here is that the Province assumes that they "
need" this project. No matter what.
Even if this project is delivered on-time, on budget and all your financial assumption hold true and all the Province's worst-case traffic assumptions hold true for 50 years, it is still a waste. There is nothing I have ever seen or heard on the demand this is trying to satisfy in the Government's own numbers that would require a build-out like this. Forget saving the room for another 8 lanes, the current 8 in the plan are way overkill for as long as their models go for.
Not to say there is not demand at all, but 8 lanes? 40+ grad-separations? diverting the Elbow River and destroying an inordinately enormous swath of Fish Creek / Weaselhead natural areas? Not even close.
If the land deal is done, good. Keep the land. We are only in the whole for ~500 million so far. If we ever need it we now have it. Build a mini-implementation of this. 4 lanes, no interchanges between Glenmore & 22x. Limited grade separation unless needed based on study, not because we "
need" it.
Save that other $4 billion in debt for another day. Or expanding the road if we actually
need to.